Friday 17 July 2015

NIFTY CONTINUES ITS UPTREND , MARKET OUTLOOK FOR 17/07/2015

  * Nifty closed up 84.25 points (0.99%) at 8608.05 while nifty future closed at 8626.65 with premium of 18.60 points.

            * FII's bought 745.81 crores in equity and DII's sold 98.51 crores in cash segment INR closed at 63.41.

            *Nifty futures trend deciding level for intraday is 8599.Nifty future trend changer level for positional trader is 8430.

            *advance decline for the day was 851:652

            *Nifty put call ratio is at 1.543.  


LEVELS FOR BULLS:


             ABOVE 8668 BULLISH
                            
             TARGETS 8693 ,8737,8779


             BELOW 8549 BEARISH 


             TARGETS 8507,8479,8456